Innovation in turbulent times Essay Example | Topics and Well Written Essays - 3500 words

Innovation in turbulent times - Essay Example Same way it is difficult for a mobile phone manufacturer to sell mobile phones with the phoning option alone because of the entry of advanced mobile phones with advanced features like, audio, video recording, internet surfing options etc. â€Å"Radical innovation is crucial to the growth of firms and economies. Firms at the leading edge of innovation tend to dominate world markets and promote the international competitiveness of their home economies† (Tellis et al). For example, Microsoft has innovated new operating system windows for personal computers around two decades before. They were succeeded in monopolizing the world software market thereafter. Even though the introduction of Windows operating system brought market leadership to Microsoft, they never stayed inactive. Periodically they modified the Windows operating system based on the technological growth and the changing requirements of the customers. The recent global recession has revealed the fact that only innovat ive organizations may have better future in the highly competitive world. Innovation is the bread and butter of organizations. Moreover, the future of many organizations depends on their ability to innovate because of the tough competition in the market. In short, innovation is the much needed entity for the organizations to exist in the current globalized and highly competitive business world. ... The leadership needs to play an active role in the innovation process. Leadership styles and functioning are undergoing drastic changes at present in order to encourage the employees to come out with innovative ideas. It is difficult to anticipate that every worker will contribute innovative ideas; however, the chances of at least few workers providing some innovative ideas are bright for all the organizations. In order to encourage the workers to come out with new ideas, most of the current organizations are giving ample freedom to the workers. Autocratic styles of management have given way for democratic styles of management in order to increase the worker involvement more in the innovation process. However, still some prominent companies are not considering the worker involvement necessary for the innovation process. Apple Company is one best example for that. Apple always develops new products secretly and they are not giving any ideas about the new product they are going to deve lop to their employees. Only the concerned people will know about such things. â€Å"A leader who believes in Trend Spotting and believes in capitalizing on emerging trends and technologies can set the example for staff to create an openness that new ideas and trends are brought forward† (Innovation Perspectives - Leader's Role in Trend Spotting). Trend based innovation is another major thing developed in the business world in the recent past. For example, Apple has recently introduced its touch screen phone (iphone) in the market and it became a huge success. After watching the customer trend towards this type of touch screen phones, Nokia, Sony and Samsung like big companies also immediately introduced their

Self-awareness and Career Management Essay Example | Topics and Well Written Essays - 2250 words

Self-awareness and Career Management - Essay Example The developments and changes in the job market is changing and the trend is expected to continue this way in the future for instance, need of a wider variety of job dealings, and communication with a wider base of people; broader abilities, greater desire and enthusiasm is required for a successful career development. The self awareness theory: this theory states that when people centre their concentration on themselves, they evaluate and make comparisons of their character and their internal values and standards. People hence become conscious of themselves as aim assessors of themselves (Boniwell 2006). Several emotional states are increased by the concept of self awareness and people may in some cases attempt to run away from this by watching television, taking drugs and/or playing games. I realize that some people get to align their behaviour with the standards and this may have a negative impact on them if they do not meet these standards. I believe that the self awareness will help me to discover my inner standards inspiration and energy to work hard and achieve my goals. The business environment today in experiencing very dynamic changes as companies are expanding, restructuring, merging, de-merging, making new acquisitions and getting globalize (Boniwell 2006). Other aspects of the government and private institutions have also been affected this factors. The job market is exciting and showing a lot of demands as well as competition. I will carry out frequent personal review since these presenting conditions make career development very complicated. I have learnt a lot of theoretical approach to dealing with these conditions from studying this course. The important techniques I have obtained have helped me a lot to develop self concept which means am more self aware and discovering my true inners self in terms of weaknesses and strengths (Boniwell 2006). Before undertaking this module I did not actually get to understand the direction I was to take, the specific career to choose or what to target in future for future developments. I only believed that I would luckily land on a job, get rich and be happy; by making me to think about what I like doing and what makes me happy in life, my inspiration, and my strengths, I feel like am in a better position to explore my potential and to know how to use it in the future developments (Inkson 2006) Knowledge is expressed as power and this is a precise when referring to some people. This also applies to the way we understand ourselves. Psychologists have referred to this as a paradox. The first paradox is the imagination that people have. This can be enlightened by analysing them as they have no boundaries. When a person is imagining, he/she can do anything in his/her thoughts including flying, climbing to the highest mountain and win very great event (Boniwell 2006) However the reality is different and people's lives are restricted by boundaries like the law, inability, beliefs among others. The second paradox is the human spirit, this is the source of inspiration to most f the human activities, motivation and the reason people can overcome their frailties (Brown & Hesketh 2004). I have discovered that the human spirit is very important in realizing self awareness as it provides us with the desire